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WAGNER & BAGOT v. GLEASON

No. 2002-CA-1503.

840 So.2d 31 (2003)

WAGNER AND BAGOT, Attorneys at Law v. Harvey G. GLEASON.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied March 31, 2003.

Attorney(s) appearing for the Case

William C. Gambel, Milling Benson Woodward L.L.P., New Orleans, LA, and James A. Cobb, Jr., John F. Emmett, Emmett, Cobb, Waits & Kessenich, New Orleans, LA, for Plaintiff/Appellant.

Mitchell J. Hoffman, Stanley D. Broome, Lowe, Stein, Hoffman, Allweiss & Hauver, L.L.P., New Orleans, LA, for Defendant/Appellee.

(Court composed of Judge CHARLES R. JONES, Judge JAMES F. McKAY III, Judge MICHAEL E. KIRBY).

JAMES F. McKAY III, Judge.

In April of 1986, Thomas J. Wagner and Michael Bagot, Jr., left the law firm of Phelps Dunbar to start their own firm, Wagner & Bagot. Chris Martin, who had also been employed at Phelps Dunbar, joined the firm as an associate. In 1988, Mr. Martin was made a partner. In March of 1989, Messrs. Wagner, Bagot and Martin executed a partnership agreement. The partnership agreement set up a tiered compensation scheme under which each partner...

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